Centuri Holdings (Centuri Holdings) Cash-to-Debt : 0.01 (As of Mar. 2024)

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What is Centuri Holdings Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Centuri Holdings's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.01.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Centuri Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Centuri Holdings's Cash-to-Debt or its related term are showing as below:

CTRI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 0.08
Current: 0.01

During the past 4 years, Centuri Holdings's highest Cash to Debt Ratio was 0.08. The lowest was 0.01. And the median was 0.04.

CTRI's Cash-to-Debt is ranked worse than
95.37% of 497 companies
in the Utilities - Regulated industry
Industry Median: 0.25 vs CTRI: 0.01

Centuri Holdings Cash-to-Debt Historical Data

The historical data trend for Centuri Holdings's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Centuri Holdings Cash-to-Debt Chart

Centuri Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

N/A

0.08

0.05

0.04

Centuri Holdings Quarterly Data
	Dec20	Dec21	Dec22	Mar23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial			0.08	0.05	N/A	0.04	0.01

Competitive Comparison of Centuri Holdings's Cash-to-Debt

For the Utilities - Regulated Gas subindustry, Centuri Holdings's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Centuri Holdings's Cash-to-Debt Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Centuri Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Centuri Holdings's Cash-to-Debt falls into.

Centuri Holdings Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Centuri Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	42.422	/	(73.285	+	957.57)
	=	0.04

Centuri Holdings's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	18.405	/	(73.802	+	1272.327)
	=	0.01

Centuri Holdings (NYSE:CTRI) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Centuri Holdings Cash-to-Debt Related Terms

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Centuri Holdings (Centuri Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Centuri Holdings Inc (NYSE:CTRI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

19820 North 7th Avenue, Suite 120, Phoenix, AZ, USA, 85027

Website

https://www.centuri.com

Centuri Holdings Inc is a pure-play North American utility infrastructure services company that partners with regulated utilities to maintain, upgrade and expand the energy network that powers millions of homes and businesses. Its service offerings primarily consist of the modernization of utility infrastructure through the maintenance, retrofitting and installation of electric and natural gas distribution networks to meet current and future demands while also preparing systems for the transition to clean energy sources. They operate under two primary lines of business which includes Gas Utility Services and Electric Utility Services it is also their two reportable segments as well.

Centuri Holdings (Centuri Holdings) Headlines

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